Lucid Group denies bankruptcy rumors, says liquidity is sufficient
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Cantor Fitzgerald: 'LCID's focus is on improving execution and strengthening operations'
July 14, 2026 4:35 PM EDTCantor Fitzgerald analyst Andres Sheppard reiterated a Neutral rating and $8.00 price target on Lucid Group Inc. (NASDAQ: LCID).
The analyst comments "Lucid (LCID, N) Denies Rumors of Going Private or Filing for Chapter 11. Shares of LCID came under pressure today (7/14) following an article claiming the company was potentially considering going private or filing for Chapter 11. In a subsequent company filing shortly after, Lucid denied the rumors, and affirmed that "the rumors are completely false." Additionally, LCID added that "the Company has sufficient liquidity to carry its operations well into next year, as... More
